News

The Gender Directive - what you should know

The European Court of Justice has ruled that from 21st December this year, insurers wont be able to use a persons gender as a factor in calculating the cost of their insurance.

Statistically, women live longer than men so they've typically had lower rates for life insurance. This will no longer be the case.

The importance of making a Will - and keeping it up to date!

According to the latest statistics, yet again we hear that at least 60% of us do not have wills! In this age of divorce, debt and increasing taxes, that’s a very worrying number. Sadly, it seems that the majority of us are under the usual misconception that “my wife/husband/children will get everything when I die”!

Who will be looking after YOU?

Ongoing concerns over NHS reform are causing more people to think about taking out private medical insurance (PMI). The benefits of PMI are well-known: prompt access to diagnosis and treatment (bypassing sometimes lengthy NHS waiting lists), your choice of consultant, and hotel-like accommodation in clean, modern hospitals.

Pension tax relief changes – what does it mean for you?

The annual allowance for tax-privileged pension saving was reduced from £255,000 to £50,000 in the 2011/12 tax year. Now the lifetime allowance on money that can be accrued in a pension fund and still receive tax relief, for tax years 2012-13 onwards, will be reduced and is set to fall from £1.8 million to £1.5 million from April 2012.

Posted in Tax